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    525 Oates Rd Garland, TX 75043

    For Sale
    $1,199,000

    Established Restaurant, High Growth Area

    Property size:
    2,990 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This thriving Garland restaurant, spanning 2,990 square feet on a 0.51-acre lot at 525 E Oates, presents a remarkable investment opportunity. Priced at $1,199,000, this turnkey operation boasts a loyal customer base built over 40+ years of word-of-mouth success. Currently operating without an online presence, the potential for expansion is significant. The building itself offers exciting possibilities, including the addition of a bar and drive-thru, perfectly complementing the existing setup. The location is primed for growth, with numerous nearby developments underway, including new apartment complexes, a waterpark, and more. Within a 3-mile radius, there are 25 apartment complexes, with several brand new ones recently completed, ensuring a readily available customer base. This expands to 60 apartment complexes within a 5-mile radius. The sale includes all furnishings, from dining tables and chairs to booths and complete cooking equipment, allowing for a seamless transition. This is a rare chance to acquire an established, profitable business with immense upside in a rapidly developing area. The seller is motivated and ready to retire, making this an exceptional opportunity for a savvy investor.

    Property Features for 525 Oates Rd

    General Information

    Property type
    Retail properties
    Square Feet
    2,990 SF
    Lot Size
    22,216 SF

    Building Details

    Year Built
    1978
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    HVC Auto Service Auto Repair Shop Audubon village Business Center May China Cafe Chinese Restaurant Golden City Chinese ... Chinese Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Garland
    County
    Dallas
    State
    Texas
    Longitude
    -96.60284
    Latitude
    32.85775

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    FAQs

    What type of property is this?
    Retail property - Established Restaurant, High Growth Area
    Where is this retail property located?
    The property is located at 525 Oates Rd Garland, TX.
    What is the asking price?
    The asking price for this property is $1,199,000.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    525 Oates Rd Garland, TX 75043
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